BLOCKCHAIN INVESTMENTS 2018 — A YEAR IN REVIEW

2017 proved to be a phenomenal year for cryptocurrencies with all the hype it generated. 2018 was just the opposite. The predic tions of all crypto pundits who expected Bitcoin to bounce to a whole new record were proven wrong. There were many reasons for this disaster: regulatory pushbacks, exchange hacks, post- ICO massive sell orders, and bans on giant online platforms the most popular cited. Despite the lackluster performance of cryptocurrencies in 2018, the funding raised by projects continued to grow substantially throughout most of the year.

Novum Insights has data on more than 5000 cryptocurrency companies. In 2018, a total of 1065 ICOs raised about $21 billion. Indeed, the total raised amount is dominated by a small number of large ICOs, with the top 5% of companies raising over 51% of the total amount. The top 10 ICOs compose 38% of the total funding raised by the companies. The median amount raised was $5M, with the 25% and 75% quartiles being $1.3M and $13.5M respectively. Yet the distribution is not log-normal, having a notable negative skew (-1.9). Below is an infographic containing all the necessary details of 2018 investments :

Novum Insights systematically classifies these investors into different categories to keep a better track of investments, operations, and strategies of these investors.

About Novum Insights — Novum Insights is a frontier market intelligence company tracking blockchain, artificial intelligence, and other emerging technologies. Novum Insights is currently tracking the investments of around 700 investors which can be categorized as Funds, Venture Capitalists, Private Equity firms, and Strategic Investors. For more information on Blockchain investors and investments, visit www.novuminsights.com